USDC Issuer Circle Relocates Headquarters to New York Ahead of IPO
Circle is seen as critical to the mainstream adoption of cryptocurrencies, providing a bridge between fiat currencies and the digital economy. Circle, the issuer of the second-largest stablecoin, USDC, is relocating its global headquarters to New York City ahead of its planned Initial Public Offering (IPO). The company will establish its new base on “one […]
Circle Integrates Arbitrum to Web3 platform
Arbitrum, a layer-2 scaling chain, has been integrated into the Web3 infrastructure platform of Circle Internet Financial, as noted in a blog post on September 12. The blog post stated that the Web3 platform introduces USDC-centric programmable wallets, smart contract infrastructure, and gas-fee abstraction to Arbitrum. Arbitrum is the highest layer 2 in Ethereum, with […]
Circle Eyes NFC Payments for USDC on iPhones
The creator of stablecoin, Circle, intends to provide tap-to-pay on Apple iPhones using USDC. The company’s CEO, Jeremy Allaire, mentioned a recent announcement from the California-based tech giant, saying it would permit outside developers to include the iPhone’s Near Field Communication chip into their applications, in a post published on August 14. The NFC chip […]
Circle to Cease USDC Support on Flow Blockchain
Circle, the stablecoin’s issuer, has declared that it would no longer support USDC on the Flow network with effect from September 3, 2024. The blockchain network’s impending Crescendo update is the reason behind Circle’s decision to discontinue support for USDC on Flow, the company stated in a blog post on August 5. The US dollar-pegged stablecoin […]
Circle Policy Executive Warns of False EU Crypto Registry Update
Circle Policy executive Patrick Hansen has disputed the claims despite the rumors of an exhaustive registry. Patrick Hansen, the Policy Lead at stablecoin issuer Circle, published a post on X informing his followers of a fabricated European Union (EU) news story traversing the internet. Circle Executive Provides Clarification Regarding EU Commission Plans The rumor pertains […]